Available to residents nationwide, PenFed Credit Union offers an Online Certificates of Deposit with a phenomenal rate of 3.10% APY on their 7-yearterm. In order to open an Online CD, you must have a minimum opening deposit of $1,000.

With your new account, you can enjoy features such as: high interest rates, 24/7 online account access, and NCUA Deposit Insured up to $250,000 per individual account holder. If you are interested, make sure to read on and open your new account today!

Eligibility: Pentagon Federal Credit Union offers membership to virtually all U.S. residents employee of the United State government because you’re able to join by making a one time donation to either Voices for America’s Troops or the National Military Family Association. For the full details please refer to the Full Membership Requirements.

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PenFed Credit Union CD Rates

Account Type: Online CD account
Current Promotion: 2.00% APY 12-Month CD
Availability: Nationwide (Bank Locator)
Soft/Hard Pull: Unknown
Minimum Balance Requirement: $1,000
Additional Requirements: None listed.
Early Withdrawal Fee: Yes
Auto-Renewal: Unknown

CD Rates

Term	%APY
6 Month	0.95%
12 Month	2.00%
15 Month	2.15%
18 Month	2.25%
24 Month	2.50%
36 Month	2.65%
48 Month	2.75%
60 Month	3.00%
84 Month	3.10%

*The above rates are accurate as of 07/15/2019.

PenFed Credit Union CD Features:

Peace of Mind: No hidden fees. No maintenance fees.
12 Month CD Rate: With a current online CD of 2.00% APY.
Multitude of Services: Wire Transfers, Courtesy Pay, Telephone Teller, and much more!
NCUA Insured: PenFed Credit Union is insured by the National Credit Union Administration.

Bottom Line:

When saving money, it’s always a smart idea to have some sort of investment. PenFed Credit Union makes it much easier to reach your goals and accumulate interest.

Don’t forget CD rates vary across region,be sure to see if you are getting the rate you are looking for! See our full list of Best CD Rates today!

Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.